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Koninklijke Boskalis Westminster N.V. : Boskalis contracted for Dutch Room for the River project at Veessen-Wapenveld



Koninklijke Boskalis Westminster N.V. : Boskalis contracted for Dutch Room for
                    the River project at Veessen-Wapenveld

Papendrecht, 3 July 2013

Royal Boskalis Westminster N.V. (Boskalis) has been awarded a contract by the
Vallei en Veluwe district water board for the construction of the
Veessen-Wapenveld high-water channel in the province of Gelderland, the
Netherlands. The project is one of the more than 30 measures that make up the
Dutch national Room for the River program, which is aimed at providing better
flood protection for areas close to the country's rivers. The work, which will
be executed in conjunction with Van Hattum en Blankevoort in the IJsselweide
construction consortium, is scheduled to start after the summer. The contract
represents a value of around EUR 75 million of which Boskalis' share is 50%.

Room for the River

The high-water channel will be between 500 and 1,500 meters wide and will be
formed by building two dikes of around 8 kilometers long between the villages
of Veessen and Wapenveld.

In addition to this new contract Boskalis is already involved in several other
major hydraulic engineering projects in the context of the government's Room
for the River program. These include the Lower Rhine project, which involves
adapting four flood plains along the river between the towns of Renkum and
Rhenen, the Deventer project, where a total of six secondary channels of the
IJssel river are being dug along a length of 10 kilometers, and the Noordwaard
project near the town of Gorinchem, where an area is being 'depoldered' to
allow the New Merwede river to flow more rapidly during periods of excess
rainfall.  

Boskalis' strategy is aimed at benefitting from key macro-economic factors
which drive worldwide demand in our markets: expansion of the global economy,
increase in energy consumption, global population growth and the challenges
that go hand in hand with climate change. This project is largely driven by
climate change. 

Royal Boskalis Westminster N.V. is a leading global services provider
operating in the dredging, maritime infrastructure and maritime services
sectors. The company provides creative and innovative all-round solutions to
infrastructural challenges in the maritime, coastal and delta regions of the
world with the construction and maintenance of ports and waterways, land
reclamation, coastal defense and riverbank protection. In addition, Boskalis
offers a wide variety of marine services and contracting for the offshore
energy sector including subsea, heavy transport, lifting and installation
(through Boskalis Offshore and Dockwise) and towage and salvage (through
SMIT). It also has strategic partnerships in the Middle East (Archirodon) and
in terminal services (Smit Lamnalco). With a versatile fleet of over 1,100
units Boskalis operates in around 75 countries across six continents.
Including its share in partnerships, Boskalis has approximately 15,600
employees.

This press release can also be found on our website www.boskalis.com. 

FOR FURTHER INFORMATION

Investor Relations:

Martijn L.D. Schuttevâer

ir@boskalis.com

Press:

Arno Schikker

press@boskalis.com

T +31 78 6969310

F +31 78 6969020

PDF version of this press release
Artist impression of the project

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This announcement is distributed by Thomson Reuters on behalf of Thomson
Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other
applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of
the
information contained therein.

Source: Koninklijke Boskalis Westminster N.V. via Thomson Reuters ONE
HUG#1714123
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